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Independent central bank jeopardize economic growth

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Reference no: EM133124850

Central bank independence is taken for granted in developed nations like those in Western Europe and the U.S., but independent central banks are something of a rarity in developing and emerging market economies. What roles does an independent central bank play in a country's economic and financial development, and how does the absence of an independent central bank jeopardize economic growth?

Reference no: EM133124850

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